Neyveli Lignite was in the limelight today. The scrip of the thermal power company leaped up to close at Rs 41.05, up by 7.25 per cent. It coasted to a 52-week high today at Rs 41.65, propelled to a large extent by its impressive results.
In the late afternoon trades, the scrip, however, slipped from the higher levels. 45.80 lakh shares of the company were traded on the BSE today.
The scrip of NLC has now risen 19 per cent from Rs 33.95 on June 9. On the day of the results (June 9), the stock lost 3.35 per cent following disappointment over the company